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Guy Gordon wrote:
>
> Try as I might, I cannot see your horizontal channel at 24. The
> previous high was 25, and before that 24 and 23.
>
> Using a Raff Regression channel from 2/28/97 thru 7/11/97 gives a
> channel a little wider than my own, topping out at 26, where I get 25
> to 25 1/2.
>
> I think I'll hold on for that extra 5%. The RSI has not tipped over
> yet. Nor do I have a sell signal from the Stochastics (9,4,4).
>
> But I'll end up selling it this week, and I need a replacement.
> Any suggestions?
>
> On Sat, 12 Jul 1997 16:40:32 -0400, Jim wrote:
> > I have Quantum bouncing down a little off the top of a Horizontal
> >Channel (HC) Friday. The odds favor a pullback to the bottom of the
> >channel.
Careful....odds look decent for a positive earnings surprize on both WDC
and QNTM. Could be good for 10-20% more fairly quickly.
Tom
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